- $DOGE retests the intersection of a former bearish trendline flipped to support and a long-term bullish trendline, signaling strong buying interest.
- The bullish trendline from mid-2025 remains intact, forming a confluence zone that historically attracts accumulation and upward price momentum.
- Short-term consolidation near $0.245 indicates readiness for a potential breakout, with projected movement toward $0.290 and higher levels in the near term.
$DOGE is showing technical signals suggesting a potential upward move. The cryptocurrency is currently retesting a key support intersection. Market participants are closely observing the $0.245 level for signs of continued buying interest.
Trendline Retest Signals Shift in Momentum
Dogecoin has today come to a decisive point where a bearish trendline has become support. The trendline has previously capped rallies in December, February, and August 2025, holding back upward price movements. Breaking and retesting this level indicates a possible shift from sellers to buyers.
The retest near $0.245 demonstrates buyers defending the new support area. Such trendline flips are often associated with trend reversals. Traders frequently monitor these intersections to identify high-probability setups for potential upward moves.
A clear bounce from this retested zone shows market structure favoring accumulation. $DOGE’s price action respects historical levels, signaling that buyers remain active. Sustained activity around this area could increase confidence in further upward momentum.
Bullish Trendline Reinforces Support
Alongside the former bearish trendline, an ascending bullish trendline from mid-2025 continues to hold. This line provides consistent support, showing that buyers remain active in the market. The combination of both trendlines forms a confluence zone with strong technical backing.
Cryptocium tweeted, “$DOGE – The O.G Is Gearing For A Rally! One of the alpha meme coins is gearing up for a move.” This comment underlines the technical structure at the current levels. The intersection has historically served as a reliable accumulation zone.
Price action around this intersection has shown repeated defense by buyers. Green markers on the chart indicate previous bounces from similar levels. This repeated behavior suggests the zone could attract renewed buying interest.
Short-Term Consolidation Suggests Potential Rally
Currently, $DOGE is consolidating near $0.245 following the retest. Price stability in this range can indicate preparation for the next upward movement. Traders often look for such consolidation at key levels to time entries.
The white arrow on the referenced chart projects a potential path toward $0.290 and beyond. This projection aligns with technical behavior following a trendline flip and sustained bullish support. Momentum could strengthen if the current support holds.
Overall, Dogecoin’s market structure demonstrates price rejecting lower levels and respecting key trendline intersections. Monitoring the $0.245 zone remains essential. A sustained hold could confirm the possibility of an upward trajectory in the near term.
